EXPAND ENERGY CORPORATION C/WTS 09/02/2026 (TO PUR COM) CLASS A | 8-K: FY2025 Q1 Revenue: USD 2.196 B

Revenue: As of FY2025 Q1, the actual value is USD 2.196 B.

EPS: As of FY2025 Q1, the actual value is USD -1.06.

Segment Revenue

• Natural Gas, Oil and NGL Revenue: $2,300 million for Q1 2025 compared to $589 million for Q1 2024.
• Marketing Revenue: $910 million for Q1 2025 compared to $312 million for Q1 2024.

Operational Metrics

• Net Loss: $249 million for Q1 2025, compared to net income of $26 million for Q1 2024.
• Adjusted Net Income: $487 million for Q1 2025, compared to $80 million for Q1 2024.
• Adjusted EBITDAX: $1,395 million for Q1 2025, compared to $508 million for Q1 2024.
• Operating Expenses: Total operating expenses were $2,464 million for Q1 2025, compared to $1,049 million for Q1 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $1,096 million for Q1 2025, compared to $552 million for Q1 2024.
• Free Cash Flow: $533 million for Q1 2025, compared to $131 million for Q1 2024.
• Adjusted Free Cash Flow: $577 million for Q1 2025, compared to $112 million for Q1 2024.

Unique Metrics

• Production: Approximately 6.79 Bcfe/d net production (92% natural gas) for Q1 2025.
• Capital Expenditures: $662 million for Q1 2025, compared to $354 million for Q1 2024.

Outlook / Guidance

Expand Energy expects to run approximately 12 rigs and invest $2.7 billion in 2025, yielding an estimated daily production of approximately 7.1 Bcfe/d. The company aims to achieve $400 million in annual synergies in 2025, with a total target of $500 million by year-end 2026.